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EUR/USD could see position unwinding at 1.20 – Mizuho

September 01, 2020 at 07:52AM

EUR/USD could see position unwinding at 1.20 – Mizuho
Mizuho argues that there is a risk for EUR/USD long positions to be unwound should the pair hit the 1.20 level
The high today for the pair hit 1.1997 and there is just a general expectation that we will see the 1.2000 level hit at some point in trading today.

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